Brazil ETF: Bottom Isn’t in Yet
February 13, 2015 at 07:30 AM EST
The iShares MSCI Brazil Capped ETF (NYSEArca: EWZ), the largest Brazil ETF by assets, climbed nearly 4% Thursday, but a deeper look at the moribund ETF’s charts says Thursday’s positive action does not mark an earnest reversal. EWZ’s Thursday pop arrived a day after the ETF hit a six-year low with...
